Total Value Locked$42.43m
TVL by Chain
Ethereum$42.08m
OP Mainnet$359,285
Key Metrics
Fees 30d$82,980
Fees 30d by chain
Ethereum$81,290
OP Mainnet$1,690
Fees 7d$20,355
Ethereum$19,745
OP Mainnet$610
Fees 24h$3,113
Ethereum$2,722
OP Mainnet$391
Cumulative Fees$167,470
Ethereum$155,652
OP Mainnet$11,818
Revenue 30d$8,326
Revenue 30d by chain
Ethereum$8,161
OP Mainnet$163.90
Revenue 7d$2,044
Ethereum$1,983
OP Mainnet$60.76
Revenue 24h$311
Ethereum$272
OP Mainnet$39
Cumulative Revenue$16,837
Ethereum$15,670
OP Mainnet$1,164
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
OP Mainnet$0
Holders Revenue 7d$0
Ethereum$0
OP Mainnet$0
Holders Revenue 24h$0
Ethereum$0
OP Mainnet$0
Cumulative Holders Revenue$0
Ethereum$0
OP Mainnet$0
Active Loans$29.3m
Protocol Information
Curve's isolated lending market infrastructure enables users to borrow or lend using stablecoin $crvUSD along with permissionless markets created from crypto-tokenized collaterals, where markets may be created permissionlessly. Positions are managed passively: if the collateral's price decreases, the system automatically sells off collateral in a ‘soft liquidation mode’. If the collateral's price increases, the system recovers the collateral.
Methodology
TVL: TVL is the sum of collateral and borrowed tokens held in LLAMMA AMMs and market controllers. Borrowed is total debt across all v2 markets.View code on GitHubFees: Total borrow interest paid by borrowers plus AMM swap fees from LLAMMA liquidation AMMs.View code on GitHubRevenue: Borrow admin fees accrued or collected by Curve DAO via per-market fee receivers.View code on GitHubHolders Revenue: Not applicable — protocol fees route to Curve DAO fee receivers, not CRV token holders.View code on GitHubCompetitors
Curve LlamaLend V2 history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jun 11, 2026 to Oct 19, 2026.
All-time high TVL: $42.32m on Oct 19, 2026. All-time low TVL: $44 on Jun 11, 2026.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $33.87m |
| Sep 21, 2026 | $34.23m |
| Sep 22, 2026 | $34.3m |
| Sep 23, 2026 | $34.25m |
| Sep 24, 2026 | $34.24m |
| Sep 25, 2026 | $34.38m |
| Sep 26, 2026 | $34.55m |
| Sep 27, 2026 | $34.58m |
| Sep 28, 2026 | $34.96m |
| Sep 29, 2026 | $35m |
| Sep 30, 2026 | $36.26m |
| Oct 1, 2026 | $37.65m |
| Oct 2, 2026 | $38.29m |
| Oct 3, 2026 | $38.4m |
| Oct 4, 2026 | $38.58m |
| Oct 5, 2026 | $38.68m |
| Oct 6, 2026 | $38.86m |
| Oct 7, 2026 | $39.13m |
| Oct 8, 2026 | $39.68m |
| Oct 9, 2026 | $39.6m |
| Oct 10, 2026 | $39.89m |
| Oct 11, 2026 | $40.44m |
| Oct 12, 2026 | $40.01m |
| Oct 13, 2026 | $40.8m |
| Oct 14, 2026 | $41.18m |
| Oct 15, 2026 | $41.78m |
| Oct 16, 2026 | $41.77m |
| Oct 17, 2026 | $42.21m |
| Oct 18, 2026 | $42.23m |
| Oct 19, 2026 | $42.32m |
TVL at each month end, Jun 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2026 | $8.35m |
| Jul 31, 2026 | $4.73m |
| Aug 31, 2026 | $30.38m |
| Sep 30, 2026 | $36.26m |
| Oct 19, 2026 (latest) | $42.32m |
Fees, revenue and holders revenue by UTC calendar month, Jul 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2026 | $4,845 | $487.11 | $0 |
| Aug 2026 | $35,105 | $3,559 | $0 |
| Sep 2026 | $71,257 | $7,147 | $0 |
| Oct 2026 (to date) | $56,263 | $5,644 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/curve-llamalend-v2
Frequently asked questions
What is Curve LlamaLend V2's TVL?
As of Oct 19, 2026, Curve LlamaLend V2 has $42.43m in total value locked. TVL has increased 25.3% over the past 30 days.
What chains does Curve LlamaLend V2 operate on?
Curve LlamaLend V2 operates on 2 chains: Ethereum and OP Mainnet. Ethereum holds the largest share at 99.2%.
How much has Curve LlamaLend V2 generated in fees and revenue?
Over the past 30 days, Curve LlamaLend V2 generated $82,980 in fees. Of that, $8,326 was protocol revenue. Based on the trailing year, the annualized rate is $605,963 in fees and $60,929 in revenue.
How does Curve LlamaLend V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Curve LlamaLend V2 ranks #39 by TVL. The category holds $51.664b across 515 protocols, and Curve LlamaLend V2 accounts for 0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Curve LlamaLend, Gearbox, Exactly, Moonwell Lending, Unitus, and OmniBTC.
How much has been borrowed through Curve LlamaLend V2?
As of Oct 19, 2026, Curve LlamaLend V2 has $29.3m in active loans.

